This week the CBI booked a Hyderabad based company, Transstroy India and its directors for an alleged bank fraud totalling ₹7,926 crore. For context, the Nirav Modi scam involved ₹7,700 crores. So yeah, we need to talk about this story because this is likely going to turn into another bad loan.

Sigh!

In today's Finshots, we talk about the millennial trading app Robinhood and why it's courting so much controversy.

In today's Finshots we talk about the vandalism incident at Wistron's manufacturing unit in Kolar.

In today’s Finshots Markets we look at the growth of the chemical industry in India, but more specifically one stellar performer within the pack — Deepak Nitrite.

In today's Finshots, we try and figure out why the US treasury department put India on the currency manipulator watchlist.

In today's Finshots we look at why China is importing rice from India for the first time in decades.

In today’s Finshots we talk about the Reuters report detailing a CCI investigation on the beer cartel.

Don’t worry. It will all make sense soon enough.

In today’s Finshots, we look at the film exhibition business and see why movie theatres in North India are showing dubbed Telugu flicks.

In today’s Finshots, we talk about the most recent tradeable financial instrument — “water futures.”

Steelmakers have been making an impressive comeback of late. A meteoric rise in production, robust recovery in demand and record high selling prices have all pushed the incumbents in the industry on a profitable path. And through it all, the stock price of major steel producers have been on a rally like no other. So we thought we could look at the industry, understand the dynamics propelling it and see how this recovery is currently manifesting in an ever-changing world.